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1) Thanks for your valuable contribution Richard
!
2) Just my 2 cents :
a) Look at your charts. (and keep
looking everyday)
b) Is nobody noticing the huge
difference between
the NASDAQ
and the DOW ??
of course the
NASDAQ can go lower ( not below
about 1350 if
the power of pessimisme is as strong
as the
power of optimisme was at the top ca 5000
(anyone
remembering that figure ?)
but the
bottom looks in sight.
i
personally donot think that it will be UPtrending soon to the 5000 level after
bottoming (open door remark) but the most likely
scenario looks sideways trending (1350 - 1700 and back or
something like this)
The DOW looks like " sideways trading in a Top-phase "
since about 1998 and the bias is downwards !
a downtrend is the most likely scenario or ?
Any comments (positive critize please :) ) of course
always
welcome.
Theo Lockefeer.
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